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DigitalOcean Stock Ratings Shift as Analysts Adjust Price Targets

Citigroup has lowered its price target for DigitalOcean from $50 to $40, maintaining a "buy" rating, while JPMorgan Chase raised its target from $40 to $45 with a "neutral" rating. Bank of America set a target of $31 with an "underperform" rating. Overall, analysts have given DigitalOcean a consensus "Hold" rating with a target price of $39.83, as institutional investors own nearly 50% of the stock. DigitalOcean reported a quarterly EPS of $0.56, exceeding estimates, with revenue up 14.1% year-over-year.
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Harbor Investment Advisory LLC DEUTSCHE BANK AG Pacer Advisors Inc. DigitalOcean Holdings Inc. The Goldman Sachs Group Inc. PFD 1/1000 C Bank of America Corporation Needham & Company LLC NLD FRA GBR DEU CHN CAN ITA ESP AUS JPN USA IND Bratin Saha Show more
Finance & Economy, Market Report
09:39 24.05.2025
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